[Congressional Record Volume 169, Number 39 (Wednesday, March 1, 2023)]
[House]
[Page H1051]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

            By Mr. LUETKEMEYER:
        H.R. 1306.
        Congress has the power to enact this legislation pursuant 
     to the following:
        The constitutional authority on which this bill rests is 
     the explicit power of Congress to regulate commerce in and 
     among the states, as enumerate in Article 1, Section 8, 
     Clause 3, the Commerce Clause, of the United States 
     Constitution. Additionally, Article 1, Section 7, Clause 2 of 
     the Constitution allows for every bill passed by the House of 
     Representatives and the Senate and signed by the President to 
     be codified into law and therefore implicitly allows Congress 
     to
        The single subject of this legislation is:
        To provide for greater transfer of risk under the National 
     Flood Insurance Program to private capital and reinsurance 
     markets, and for other purposes.